Northern Trust Portfolio holdings
Northern Trust Corporation, founded in 1889 and headquartered in Chicago, Illinois, is a prominent financial services firm specializing in wealth management, asset management, and asset servicing for high-net-worth individuals, families, and institutions. Known for its conservative and client-focused approach, it manages hundreds of billions in assets, offering trust and custody services, investment solutions, and banking products tailored to affluent clients and organizations like foundations and endowments. The company has built a reputation for reliability and discretion, serving as a custodian for a significant portion of global institutional assets while maintaining a strong presence in private banking.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Uber
UBER
|
+$265M |
| 2 |
Vanguard Short-Term Bond ETF
BSV
|
+$245M |
| 3 |
State Street SPDR S&P Global Natural Resources ETF
GNR
|
+$209M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$202M |
| 5 |
Veralto
VLTO
|
+$188M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$1.25B |
| 2 |
Apple
AAPL
|
+$1.25B |
| 3 |
ATVI
Activision Blizzard
ATVI
|
+$717M |
| 4 |
Eli Lilly
LLY
|
+$599M |
| 5 |
NVIDIA
NVDA
|
+$553M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.83% |
| 2 | Healthcare | 11.57% |
| 3 | Financials | 11.46% |
| 4 | Consumer Discretionary | 9.84% |
| 5 | Industrials | 8.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1901
Recursion Pharmaceuticals
RXRX
$1.73B
| $12.8M | ﹤0.01% |
1,295,587
-13,345
| -1% | -$95.2K |
|
1902
State Street SPDR S&P Dividend ETF
SDY
$23.9B
| $12.8M | ﹤0.01% |
102,118
-2,582
| -2% | -$303K |
|
1903
PDF Solutions
PDFS
$2.07B
| $12.7M | ﹤0.01% |
396,074
-2,156
| -0.5% | -$65.4K |
|
1904
Phreesia
PHR
$773M
| $12.7M | ﹤0.01% |
549,724
+11,390
| +2% | +$197K |
|
1905
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $12.7M | ﹤0.01% |
176,575
-9,899
| -5% | -$686K |
|
1906
Magnite
MGNI
$3.55B
| $12.7M | ﹤0.01% |
1,356,321
+4,470
| +0.3% | +$35.3K |
|
|
BRKL
1907
DELISTED
Brookline Bancorp
BRKL
| $12.6M | ﹤0.01% |
1,157,728
+23,526
| +2% | +$223K |
|
|
AKRO
1908
DELISTED
Akero Therapeutics
AKRO
| $12.6M | ﹤0.01% |
540,685
+2,662
| +0.5% | +$52.5K |
|
1909
Fluence Energy
FLNC
$2.44B
| $12.6M | ﹤0.01% |
529,077
+154,757
| +41% | +$3.26M |
|
1910
Protagonist Therapeutics
PTGX
$9.44B
| $12.6M | ﹤0.01% |
550,139
-12,549
| -2% | -$220K |
|
1911
Embecta
EMBC
$262M
| $12.6M | ﹤0.01% |
665,012
+18,159
| +3% | +$298K |
|
1912
Marcus & Millichap
MMI
$1.19B
| $12.6M | ﹤0.01% |
288,180
-2,038
| -0.7% | -$67.7K |
|
1913
Allegiant Air
ALGT
$2.57B
| $12.6M | ﹤0.01% |
152,184
+2,707
| +2% | +$195K |
|
|
MODN
1914
DELISTED
MODEL N, INC.
MODN
| $12.6M | ﹤0.01% |
466,586
-13,182
| -3% | -$318K |
|
1915
Barrett Business Services
BBSI
$804M
| $12.5M | ﹤0.01% |
432,904
-11,532
| -3% | -$297K |
|
1916
Agnico Eagle Mines
AEM
$90.5B
| $12.5M | ﹤0.01% |
228,143
+14,469
| +7% | +$723K |
|
1917
Mercury Systems
MRCY
$6.52B
| $12.5M | ﹤0.01% |
342,108
+28,026
| +9% | +$1.01M |
|
1918
Plug Power
PLUG
$3.04B
| $12.5M | ﹤0.01% |
2,779,511
-9,347
| -0.3% | -$49K |
|
1919
Kaiser Aluminum
KALU
$3.02B
| $12.5M | ﹤0.01% |
175,692
+5,479
| +3% | +$347K |
|
|
NWLI
1920
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $12.5M | ﹤0.01% |
25,863
+240
| +0.9% | +$114K |
|
1921
Vodafone
VOD
$37.4B
| $12.5M | ﹤0.01% |
1,432,051
-342,506
| -19% | -$3.13M |
|
1922
Ecovyst
ECVT
$1.14B
| $12.4M | ﹤0.01% |
1,270,674
+16,759
| +1% | +$160K |
|
1923
LegalZoom.com
LZ
$988M
| $12.4M | ﹤0.01% |
1,094,217
+152,980
| +16% | +$1.66M |
|
1924
Collegium Pharmaceutical
COLL
$956M
| $12.3M | ﹤0.01% |
400,867
-3,153
| -0.8% | -$79K |
|
1925
Safety Insurance
SAFT
$1.52B
| $12.3M | ﹤0.01% |
161,941
+794
| +0.5% | +$59.9K |
|
Similar funds
Northern Trust's Q4 2023 Portfolio in Review
As of Q4 2023, Northern Trust held 4,645 positions worth $552B, up 7% from $516B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Northern Trust withdrew a net $19.7B in Q4 2023, closing 173 positions and reducing 1,979 holdings. Its most notable exit was Activision Blizzard, an estimated $717M position sold in full.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Northern Trust opened a new position in Dimensional International Core Equity Market ETF worth $23.2M.
- Northern Trust's largest Q4 2023 buy was Dimensional International Core Equity Market ETF: 810,491 shares worth $23.2M.
- Northern Trust added most to Uber in Q4 2023, an estimated $265M increase.
- Northern Trust's biggest Q4 2023 reduction was Microsoft, cutting an estimated $1.25B.
- Northern Trust fully exited Activision Blizzard in Q4 2023, selling an estimated $717M.
- Northern Trust's ten largest holdings make up 23% of its $552B portfolio in Q4 2023.
- Northern Trust opened 181 new positions and closed 173 in Q4 2023.
- Northern Trust's portfolio value rose 7% quarter-over-quarter to $552B.
Based on Northern Trust's 13F filing for Q4 2023, filed 13 Feb 2024.